I was once talking with one of my classmates and he said that in the future, there will be universal basic income implemented by entire world. I was not convinced at that time and thought he is just being stupid but given the layoffs happening and massive amount of unemployment, I am thinking about this possibility. What do you say?
It will never happen.
Not because it is a bad idea; it is an AWESOME idea. Work used to be something you do for the collectivity; you do something for the group, in exchange of something from the group. Today, a work is a mean to earn money, regardless of the collectivity. We do meaningless jobs, which often gives nothing to the collectivity, just because we have a rent to pay, we want vacations and a new car. A universal basic income would completely break this; I would work to bring something to the group, not to reach a stupid objective for the company.
However, there is a fringe of people which will not gain anything from this, even lose leverage and power over the masses: the 1%, the millionaires and billionaires. They will do whatever they can to kill it, saying only freeloaders and foreigners will benefits from it. And the masses will vote against it, and it will be a big victory for capitalism. Until global warming accelerate, we will have nothing to eat anymore and earth will be inhospitable for humans. The end.